LIC Profile -­2020

The   Life   Insurance   Corporation   of   India   came   into   existence   on   1st   September,   1956,   with   the  objective  of  spreading  life  insurance  more  widely  and  in  particular  to  the  rural  areas  with  a  view  to  reach  all  insurable  persons  in  the  country,  providing  them  adequate  financial  cover  at  a  reasonable  cost  .  

From   then   to   now,   LIC   has   crossed   many   milestones   and   has   set   unprecedented   performance  records  in  various  aspects   of  life  insurance  business.  LIC  continues  to  be  the  dominant  life  insurer  even   in   the   liberalized   scenario   of   Indian   insurance   and   is   moving   fast   on   a   new   growth   trajectory  surpassing  its  own  past  records.  In  its  63  years  of  existence,  LIC  has  grown  from  strength  to  strength  be   its   customer   base,   agency   network,   branch   office   network,   new   business   premium   and   has   a  significant  role  in  spreading  life  insurance  widely  across  the  country.  Organisational  Structure  as  on  31.3.2020  

Guidelines to claim expenses incurred for treatment of Covid 19 at home

Guidelines to claim expenses incurred for treatment of Covid 19 at home

 

NOIP's efforts to get OMOP/OROP

 

Synopsis of Our Mediclaim Policy (2020-21) with particular reference to treatment of Covid-19

 Synopsis of Our Mediclaim Policy (2020-21) with particular reference to treatment of Covid-19 

 

Like earlier years our Health Insurance Policy, popularly known as Mediclaim Policy, for the existing /retired employees and their dependents, has been renewed this year too with effect from 01.04.2020 with New India Assurance Company Ltd for one year for a total premium of Rs512,12,00,000/-(including GST). 

COVERAGE 

A) “NOW THIS POLICY WITNESSES that subject to the terms, conditions, exclusions and definitions contained herein or endorsed or otherwise expressed here on the Company undertakes that if during the period stated in the Schedule or during the continuance of this policy by renewal any Insured Person shall contract any Illness (herein defined) or sustain any Injury (herein defined) and if such Injury shall require any such Insured Person, upon the advice of a duly qualified Medical practitioner (herein defined) or a surgeon to incur Medical Expenses/Surgery at any Hospital / Day Care Center (herein defined) in India as an Inpatient, the Company will pay to the Insured Person the amount of such expenses as good fall under different heads mentioned below, and as are Reasonably and Customarily, and Medically Necessarily incurred thereof by or on behalf of such Insured Person.” (copied from policy Bond for future reference) 

 

History of Mediclaim Policy in LIC

 MEDICLAIM POLICY TRAVELLED THUS IN LIC

The following information is collected from various circulars issued by Central Office on MediClaim matters. The information available is presented in a tabular form for the benefit of Pensioners. I would like to place on record the help and guidance received from Sri K T Hamanna ji, Retd. M(P&IR), Bengaluru DO 1. He has rich knowledge of OS & P&IR matters as he has worked in these departments for more than 12 years in various capacities. He has provided me lot of inputs to enable me to bring out this write up.

Covid 19 - Private Hospitals

  Annexure 1-   COVID 19 Private Hospitals 

Sl. No. Name District Address Phone number Mail id 

1 Dhanush Hospital Bagalkote Extensaio Area Mahaveer Road Bagalkot Dist 

Bagalkot 587101 8354226533 dhanushpat@rediffmail.com

2 M S Kerudi Hospital And 

Research Centre Bagalkot Bagalkote Opp Axis Bank Extension Area Bagalkot 

587101 9980393733 kerudibgk@gmail.com

3 Shanti Hospital Bagalkot Bagalkote 166A 1A Near Old Ib Extension Area Bagalkot 

587101 7829990797 shantichbgk@gmail.com

4 Baragi Hospital Bagalkot Bagalkote Baragi Hospital Bagalkot Rajeevgandhi Circle 

Near Durga Vihar Bagalkot 587101 8354225335 gsbaragihospital@gmail.com

Existence Certificate